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Aggregator

Broker joins board of boutique aggregator

by Huntley Mitchell7 minute read

Mortgage aggregator Custom Equity Group has appointed a broker member to its board at its annual general meeting in Sydney.

Mint Tactical Funding Solutions director Sean Casey will join Custom’s board as the broker representative for the next 12 months, where his focus will be on giving brokers a voice, raising their concerns directly to the board and helping shape the future of the aggregator.

Mr Casey told The Adviser he will soon be sending out an email to his fellow broker members to reiterate how he plans to represent them and gather feedback on issues around areas including lenders, systems and processes.

Mr Casey said one of the issues that he expects to face in 2016 is the diversification of home loan pricing.

“The key is knowing that information – which lenders are on the front foot trying to win business – and making sure our members know this information so they can utilise those lenders that will be the most beneficial for their clients,” he said.

“And those lenders will change over time – there might be a lender who will run with the gauntlet for the next four weeks, reach capacity and then pull out for someone else to take over – so the sharing of information is vital for us going forward.”

[Related: Equity stake offer causes aggregator to double in size]

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